Redwood Symphony

Analysis

Redwood Symphony is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in May 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Redwood Symphony reported income of $118k and spending of $106k, spending 90% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $124k to $118k (-5.0%), an average of -5.0% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redwood Symphony sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Christian Television Network of Iowa Inc ($118k), Friends of the Quad Cities ($118k) and Little League Baseball Inc ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.